(CTC) Investment Analysis and Advice
Prudent Investment Analysis requires observations of the support and resistance levels for Canadian Tire Corporation Limited (TSX: CTC) too. These define prudent trading plans. Warning: This is a static report, the data below was valid at the time of the publication, but support and resistance levels for CTC change over time, so the report should be updated regularly. Real Time updates are provided to subscribers. Subscribers also receive market analysis, stock correlation tools, macroeconomic observations, timing tools, and protection from market crashes using Evitar Corte. Instructions: The rules that govern the data in this report are the rules of Technical Analysis. For example, if CTC is testing support buy signals surface, and resistance is the target. Conversely, if resistance is being tested, that is a sign to control risk or short, and support would be the downside target accordingly. In each case, the trigger point is designed to be both an ideal place to enter a position (avoid trading in the middle of a trading channel), and it acts as a level of risk control too. Swing Trades, Day Trades, and Longer term Trading Plans: This data is refined to differentiate trading plans for Day Trading, Swing Trading, and Long Term Investing plans for CTC too. All of these are offered below the Summary Table.
Trading Plans (Long Term)
Buy near 211.45, target 226.53, stop loss @ 210.39
Short near 226.53, target 211.45, stop loss @ 227.66
Check the time stamp on this data. Updated AI-Generated Signals for Canadian Tire Corporation Limited (CTC:CA) available here.
CTC:CA Ratings for January 16:
Term | Near | Mid | Long |
---|---|---|---|
Rating | Strong | Strong | Weak |
⚠ Triggers may have already come
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